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Jewel Co (June 2016)

This topic has 1 reply, 2 voices, and was last updated 2 years ago by John Moffat.

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December 4, 2022 at 6:31 pm #673364
maximus07
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How we come to know at maximum demand 72000, price is zero?
https://opentuition.com/topic/question-250-part-5-section-b-style-question-kaplan-exam-kit/
December 5, 2022 at 7:50 am #673435
John Moffat
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If you watch my lectures on pricing you will see that in algebraic pricing questions we assume that the price demand relationship is linear and that always the maximum demand occurs when the selling price is zero.
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